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FSA fines hedge fund and its owner £7.2 million for engaging in market abuse

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Published on: 26 January 2012
Published by a LexisNexis Corporate expert

Article summary

Yesterday (25 January 2012) the Financial Services Authority announced its decision to fine hedge fund Greenlight Capital Inc and its owner David Einhorn £7.2 million for engaging in market abuse relating to an anticipated equity fundraising by Punch Taverns Plc in June 2009

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